Supply chain relationships and labor are key as manufacturers adjust their operations to produce medical and consumer supplies necessary for the pandemic.
Ex-Estate sale of 720,000 kilos up for bidding from 11 a.m. onwards
Over 300 buyers registered on electronic platform along with 8 brokers
High and Medium Growns sale to follow
Artificial intelligence requires greater processor density, which increases the demand for cooling and raises power requirements.
Each year, Forbes publishes an updated list ranking the world’s billionaires. Unlike many industries, tech billionaires are mostly self-made. Many of these billionaires came from humble means and, through their genius, changed the world.
As of Nov. 2019, these are the ten richest, most successful tech geniuses out there. The estimated net worth of each member on this list has been updated as of Nov. 6, 2019.
Declining imports from China are dragging down container volumes in the eastbound trans-Pacific, and if inventory levels remain higher than usual, a weak Lunar New Year month in January is possible.
The NextGen Supply Chain
Realizing that its members are getting bombarded from all sides by what promises to be the “latest and greatest” technology and solution to all of their problems, MHI offers this sage piece of advice in its 2018 MHI Annual Industry Report.
The outbreak of the coronavirus, originating from Wuhan, China, comes at one of the worst time for the shipping industry, which is currently struggling with the additional fuel costs from IMO 2020 and the switch to low-sulphur fuels, according to BIMCO.
Billionaire Jeff Bezos, founder, president and CEO of e-commerce company Amazon, on Monday announced his commitment to providing $10 billion toward fighting climate change.
The New York Shipping Exchange (NYSHEX) is a digital platform which connects shippers with their ocean carriers, thus providing contract reliability between both parties. Shippers are guaranteed that their cargo will be loaded, and that the volume committed for shipment will actually arrive.
Using NYSHEX’s digital platform, shippers enter information about their shipments, such as origin and destination, shipping dates and equipment type. The ocean carriers post specific offers that shippers can instantly accept; a process that is faster and more efficient than traditional negotiations. Shippers view those binding offers directly from the carriers along with service performance details about the carriers and other details they need in order to make an informed decision about which bid to accept. Shippers compare all of the rates from the various carriers at once in one digital place, the NYSHEX platform. Any time of day, shippers can acquire guaranteed space on sailings that take place from two weeks up to 6 months in advance, providing them with greater certainty and peace of mind about their supply chain.
There’s no markup from NYSHEX, which makes the connection and manages the execution of the contract. NYSHEX is integrated with all the carriers on the exchange as well as third-party booking platforms for seamless workflow
The global business value derived from Artificial Intelligence (AI) is projected to reach over $3,9 trillion by 2022, according to industry analyst firm Gartner.
We are fundamentally professionally and personally transformed because of our COVID-19 pandemic experiences.
Don’t look here for the standard issue procurement and supply chain trends for 2021. You can read about the digitization of procurement, artificial intelligence, machine learning, cloud-based software solutions, autonomous vehicles, robotic process automation, evolving enterprise systems and dashboards driving supplier analytics in other areas of this publication.
Disruptive technologies like blockchain and artificial intelligence are powerful catalysts for change — they can change not just how a company works, but what it’s possible for it to do. Consider the case of Interac Corp., Canada’s largest digital payments company, which partnered with an energy… more”rel=
In 2020, skin care became a form of self-care. In the new year, we hope to continue to self-soothe with creams and serums, but to also marvel at the technology behind them. We’re predicting bigger, better, and smarter innovations, including newly discovered ingredients and brand-new categories to come in 2021
While it will take some time for the entire population to get vaccinated, incremental and growing business compliance will be a key performance indicator worth tracking.
Shifting consumer shopping habits during the COVID-19 pandemic drove changes all up and down the supply chain — including in the way goods are packaged.
It’s an area often overlooked, even by senior business leaders. But employee costs are a relatively small portion of most big companies’ budgets.